TVS Motor Company consolidated net profit declines 10.51% in the March 2022 quarter

Sales rise 7.39% to Rs 6585.20 crore

Net profit of TVS Motor Company declined 10.51% to Rs 277.45 crore in the quarter ended March 2022 as against Rs 310.05 crore during the previous quarter ended March 2021. Sales rose 7.39% to Rs 6585.20 crore in the quarter ended March 2022 as against Rs 6131.90 crore during the previous quarter ended March 2021.

For the full year,net profit rose 27.36% to Rs 756.82 crore in the year ended March 2022 as against Rs 594.26 crore during the previous year ended March 2021. Sales rose 25.41% to Rs 24355.31 crore in the year ended March 2022 as against Rs 19420.82 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales6585.206131.90 7 24355.3119420.82 25 OPM %12.5412.68 -11.3111.48 - PBDT576.57579.35 0 1849.771395.81 33 PBT369.62419.92 -12 1106.91830.99 33 NP277.45310.05 -11 756.82594.26 27

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